The below information is taken from the accounting records of Bornfree Limited for the current year:

Administration expenses	120 000
Cost of goods sold	570 000
Selling and distribution expenses	220 000
Interest expense	50 000
Net Sales	1 200 000

What is the Gross profit of Bornfree?

Select one:

a.

$240,000

b.

$630,000

c.

$290,000

d.

$410,000